NBC takes stake In India's NDTV

NBC Universal has taken a major stake of around 30 per cent in NDTV's UK arm in a deal rumoured to be worth $100 million. The stake is in NDTV Networks Plc, the UK-registered company which owns five subsidiaries of NDTV: NDTV Imagine Limited, NDTV Lifestyle Limited, NDTV Convergence Limited and NDTV Labs Limited and 50 percent in NGEN Media Services Private Limited.